Armenian banks’ investments in Government securities dropped to 144.6bln drams in November

YEREVAN, January 16. /ARKA/. Armenian commercial banks invested a total of 144.6bln drams in government securities by the end of November 2012, reports the webpage of the Central Bank of Armenia. It is an increase of 7.9% as compared to October.

As of the end of November 2012, Armenian residents invested about 241.2bln drams in government securities (a 2.8% increase against the month before).

According to the report, the share of banks’ investments in government treasury bonds was 59.9%, that of the Central Bank – about 29.8%, and that of non-banking agents, dealers and investors – 9.6%.

Overall investments (resident and non-resident) in government treasury bonds were about 241.4bln drams as of the end of November 2012, an increase of 2.8% against October, according to the report. ($1=407.58drams).–0–

spot_img

POPULAR

Head of CBA has ruled out excess profits at banks

The idea of ​​excess profits in the Armenian banking system is unfounded, and banks themselves remain one of the most transparent sectors of the country's economy.

Head of Central Bank allowed for a reduction in loan rates in Armenia, but with a caveat

Interest rates on loans in Armenia may decrease if favorable inflation and geopolitical conditions persist, stated Martin Galstyan, Chairman of the Central Bank of Armenia, on Public Television.

International investors own 7-8% of Armenia’s dram-denominated government debt – Central Bank

Global institutional investors own approximately 7-8% of Armenia's dram-denominated government debt, stated Central Bank Chairman Martin Galstyan.

Members of the Board and the CEO of the Universal Health Insurance Fund have been elected in Armenia

Members of the Board of Trustees and the CEO of the Universal Health Insurance Fund have been elected in Armenia, the government press service reported.

Euro and dollar exchange rates against the Armenian dram fell slightly, while the ruble rose,: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 19, 2026, fell by 0.04 points compared to June 18, to 368.15 drams.

LATEST NEWS

spot_imgspot_imgspot_img